Gold facility to boost output

ZIMBABWE expects to ramp up value addition and beneficiation of minerals as well as mining expansion on the back of a US$10 million gold facility.
This comes as the government recently established the gold fund with a view to assisting small-scale miners by providing them with the tools of the trade required for their operations.
“To this end, the setting up of a US$5 million Gold Service Centre Revolving Facility and US$5 million Artisanal Gold Small Scale Miners Fund, will go a long way in capacitating the small-scale miners through the construction of gold service centres, as well as providing them with the requisite tools of the trade for their day-to-day operations.

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Finance Minister, Mthuli Ncube

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